Inverness Business
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Allstate quarterly profit slips 63 percent on derivativesAug 04, 2010 11:00 pm - Allstate Corp., the largest publicly traded U.S. home and auto insurer, posted its first profit decline in five quarters on losses tied to derivatives. Second-quarter ne...
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General Growth's teachers investment OK'dAug 03, 2010 11:00 pm - General Growth Properties Inc., the second-largest U.S. mall operator, won approval of a $500 million investment from a Texas public pension plan to help finance its exi...
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Huawei failed in Moto unit takeover bidAug 03, 2010 11:00 pm - Huawei Technologies Co. failed to reach agreements to buy two U.S. assets last month, even though the Chinese phone-equipment maker offered at least $100 million more in...
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Two Mt. Prospect restaurants close, but bar to openAug 03, 2010 11:00 pm - Although two longtime Mount Prospect restaurants recently closed, another new sports bar is getting ready to open its doors. On Tuesday, the Mount Prospect village board...
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Motorola investor Carl Icahn raises stake again before spinoffAug 03, 2010 11:00 pm - Carl Icahn, an activist investor who has called for the breakup of Motorola Inc., has again raised his stake in the telecommunications and electronics company. Icahn rai...
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Northern Trust subpoenaed in fraud probeAug 02, 2010 11:00 pm - New York Attorney General Andrew Cuomo, who is probing the death-benefits industry for fraud, subpoenaed Northern Trust Corp. and Open Solutions Inc. for records tied to...
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Feds: Recruiters at for-profit colleges deceived studentsAug 02, 2010 11:00 pm - Recruiters at U.S. for-profit colleges lied to entice students and encouraged them to commit fraud to qualify for aid, a report by the Government Accountability Office f...
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Boeing boosts India market forecast 15% on economyAug 02, 2010 11:00 pm - Boeing Co. raised its 20-year forecast for Indian aircraft demand by 15 percent as faster economic growth encourages air travel in the world's second-most populous natio...
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Schaumburg Audi dealer moving to old Hoffman police station siteAug 02, 2010 11:00 pm - An Audi dealership will likely move into the site of the former Hoffman Estates police station, with the village offering up to $250,000 in incentives for the dealer to ...
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Boeing to move 2 defense programs to Oklahoma CityAug 01, 2010 11:00 pm - OKLAHOMA CITY -- The Boeing Co. says it is relocating two programs from Long Beach, Calif., to Oklahoma City, a move expected to bring 550 engineering jobs to the state....